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is this -- you can't legislate morality. legislation works on the sane, the law abiding. it doesn't work on criminals -- >> if it's possible to reduce the loss of life, you're up for trying it? >> there are monsters out there every day and we need to do something to stop them. >> if it's possible to reduce the loss of life, you're worth trying it, correct? >> i want it. that's what i'm proposing. >> let's stipulate you're right. let's say armed guards might work. let's widen the argument a little bit. here is a magazine for ammunition that carries 30 bullets. isn't it possible that if we got rid of these, if we replaced them and said can you only have a magazine that carries five bullets or ten bullets, isn't it just possible we could reduce the carnage in a situation like -- >> i don't believe that'ses going to make one difference. there are so many ways to evade that. you had that for ten years when dianne feinstein passed that ban in '94, it was on the books. columbine occurred right in the middle of it. it didn't make any difference. i know everyone -- this town wants to argue about
of connecticut a similar law to the one adopted here banning assault weapons. this has been a heroin, terrific week in the state of connecticut, culminating in today's moment of silence at 9:30. the end of the week and i spent the better part of the time meeting with first responders, families, going to funerals and wakes and speaking with ordinary people of newtown and the state of connecticut. the refrain i have heard over and over again from newtown and connecticut and all the run the country is you need to do something about the guns. the nra statement today is sadly and shamefully inadequate, calling for more guns and rejecting real action against gun violence. at a defining a historic moment for our nation demanding courageous leadership, the nra has declined to step forward as a credible and constructive partner. the proposal for more armed guards in schools may be helpful in some instances, but it falls short of the strong, serious comprehensive action needed to stop the kind of horrific tragedy that occurred last week. many police that spoke to me on that day when we take a said that
this shows a lack of judgment by the newspaper, and i think that we should not be stigmatizing every law-abiding gun owner out there and i think particularly after newtown, let's engage in a conversation about sensible policies that going owners, including probably many of these people whose names were printed in the paper and most americans agree on, like background checks for all gun sales and getting military style assault weapons off the streets and other sensible policies. >> the interesting thing about this, apparently these gun permits are for handguns only because you can't find out who owns let's say a semiautomatic assault rifle. those things aren't made public. why is that? >> well, that is a serious problem, the gun lobby has exerted its pressure to keep a lot of very important crime gun data secret, for example, there are restrictions which now prevent us from finding out which gun dealers supply most crimin criminals. gun lobbyists shut it down with friends in congress which protects corrupt gun dealers. most law-abiding gun dealers would like to expose the bad ones. >> so
its attention to renewing a controversial surveillance law. they spent hours on this yesterday. some people say it violates the rights of americans. we'll look at the pros and the cons. stay with us. harris: new information about the u.s. soldier accused of killing 16 afghan villagers in a predawn rampage. the u.s. army is now saying it will seek the death penalty against staff sergeant robert bales. he faces premeditated murder and other charges in the attack on the villages that left 16 people dead among them women and children in southern afghanistan. that happened back in march. the attack drew such angry protests in the country the u.s. temporarily halted combat operations there. bales says attorney says his client should not serve the death penalty because he was serving the fourth deployment in a war zone. he is serving in fort lewis mccord in washington state. let's talk with a former prosecutor. >> thanks for having me. harris: let's start with what the defense team is saying. multiple deployments are a defense. why? >> they're saying because of multiple deployments there wa
. they were passing right-to-work laws. they were receiving lots of funding from the federal government to build military installations at a time when the united states was involved in the cold war against the soviet union. so states like mississippi, states like georgia and texas and florida and southern california, arizona, north carolina are all being transformed in the post-world war ii period by this historic shift in population and political influence. just think about it. really does three from 1964 to two dozen eight could be thought of as kind of the carried of sun belt dominance in american presidential history. if you think about every president elected from 1964-2008 comes from a state of the sun belt. lyndon johnson from texas, richard nixon from california, gerald ford was never elected. he was not even elected vice president. he was a michigan. jimmy carter from georgia. ronald reagan from california. first george bush, texas by a connecticut. bill clinton from arkansas, and the second bush from texas. so 2008 is in some ways a watershed election. it is this 40 year perio
lawmakers seemed close to becoming law until jeanne boehner walked away from the deal and tried to yankee laterally pass his own bill which he called, somewhat weirdly, plan b, to raise taxes on over 100 million and suspend all leeming cuts. that plan blew up in boehner's face, however, when he couldn't get enough votes from his own caucus to pass it. here's boehner, the day after pulling the bill from the floor. >> because of the political divide in the country, because of the divide here in washington, trying to bridge these differences has been difficult. while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think -- they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> probably because he's asking them to vote for raising taxes. later on friday, president obama reiterated he wants to reach a broad compromise to cut the deficit so social security cuts remain on the table but in the mean time, the president proposed his own plan b, to extend the bush tax cuts on
refusing to support any new gun laws. >> senator feinstein's bill to -- is that going to pass? >> i think that's a phony piece of legislation, and i do not believe it will pass for this reason. it's all built on lies that have been found out. everything i hear -- i mean, my gosh. people in the media, i revere their communication skills, but they have an obligation to be factual, to be truthful, and everything that these politicians are saying about that is not true. >> pete williams is nbc's justice correspondent. pete, after the news conference on friday, we have that interview from wane la pierre sitting down with david gregory over the weekend. the interview really came as no surprise after what we witnessed on friday. >> it believes there are many -- sfwlo did he say, thomas, they want to encourage schools to -- the nra is willing to help train people, whether it's policemen or volunteers, whatever local school districts want to do -- >> it's gnting to satisfy the gun restrictions in the next senate. >> asa hutchinson, is now helming a model shield program that the nra is sponsoring t
said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. that is worldwide. all religions outside the united states as well. the upi story. religious identity affect voter choice. and then on the 2012 election, here is the pew forum on religion and public policy -- dorothy and baltimore, maryland. independent caller. what do you think? does religion
this law victimizes children to make a political point. the u.s. is the biggest destination for adopted children. some 60,000 of them have been given homes by americans since the fall of the soviet union. there's nearly 52 children in the process of being adopted by american families right now. in some cases, families who have been waiting years to complete the adoption process. this new law will block those kids from leaving russia. meaning, they will not be coming to the u.s. and given a new home. and so far, the u.s. has not responded. josh? >> thank you. amy? >> heartbreaking story, josh. >>> we have breaking weather news, though. much of the country under a blanket of snow. and sam's telling us, there's more snow on the way. >> watching this storm develop this morning, amy. good morning, everybody. 64% of the country now has the white stuff on the ground. let's look at pictures out of maine, and the storm exiting that area. caused gusting winds up and down maine. killington, vermont, coming in with 18 inches of snow. some places in vermont with 27 inches of snow. as we said, the gu
.c. laws in an interview with nra leaders? coming up next. >>> the syrian regime suffers another high level defection. lisa sylvester is monitoring that. >> well, syria's military police chief reportedly has fled to turkey on a scooter after plotting his escape for three weeks. in a video posted online, a man purporting to be the police chief accuses the government of carrying out massacres of innocent civilians and he says the military is nothing but armed gangs that kill. he says is he defecting to, quote, join the people's revolution. and the recovery in the housing market remains on pace. home prices rose 4.3% in october over last year, that is it the biggest percentage increase in more than two years. near record low mortgage rates and fewer foreclosures are helping spur sale which is in turn is boosting prices. and the world's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon
. critics say it restricts freedom and expands the influence of islamic law. president morsi and supporters says moderate democratic state in fighting depression, dictatorship, nepotism and corruption. the holiday shopping season is drawing to a close so bring on the after christmas deals and you can bet retailers will do whatever they can to get you back in their stores. because overall, holiday sales numbers are way way down. context and perspective from the fox business network ahead. plus, the healthcare overhaul. the super size drink ban, remember that. and the west nile virus some of the stories making health headlines in 2012. a look back when we come back. >> harris: just into fox news, commenting on his condition. situation. former president bush 88 years old has been in the hospital for about a month and we learned today doctors have put him in the intensive care unit. >> the president was admitted to the -- icu, the intensive care unit at methodist on sunday. he has been dealing with a series of set backs that includes a persistent fever and and doctors are doing everything they
approving a bill to ban the adoptions. it's scene as retaliation for a law signed by president obama imposing travel restrictions. the vote now goes to vladimir putin who's expected to sign it into law. >>> egyptian .mohamed morsi has signed the country's newly approved constitution into law. the upper house of parliament has convened its first session under the new charter. the new constitution was approved with more than 63% of the vote in two rounds of voting. turnout was low. the charter has polarized the country and resulted in sometimes violent protests. critics say it doesn't represent women, minorities and other groups. >>> there's a familiar face in the japanese prime minister's office. the parliament elected shinzo abe to lead the country five years after he abruptly resign. abe says his first mission is turning the country's economy around. and he's calling for safety tests on all nuclear plants. abe is the leader of the conservative liberal democratic party. he's japan's seventh prime minister in six years. [ male announcer ] break the grip of aches or arthritis pain with
that the affordable care act will begin to become fully finalized to law over the next couple of years. we keep hearing those on the conservative side or republicans raise concerns about what we'll do for the country. what is your view. now you're not part profit excess. you can speak more freely. is it going to be a good thing for the country? >> yes, it will. for one reason, as an example, right now we have 50 some billion dollars a year of uncompensated care. that means people don't have insurance don't have medicaid, medicare or private insurance, don't have military coverage or anything like that, so they are not insured. they have access to health care in the emergency rooms. if they taken in and can't pay and don't go through a bankruptcy or something like that, that costs that care doesn't just go away. it's shifted over to the rest of the us who have insurance. that's $50 billion. now, you stop and think about that it could be as much as $1500 per person who pay for those who don't. when you have everybody in the system, all insured one way or another, that uncompensated care goes away
into a frenzy over what another four years under the obama administration may hold for gun laws." an instructor at nova firearms re falls church, virginia, where hey nearly sold out of a.r.-15s and high-capacity magazines after newtown. so, ironically, this shooting is a.spiring more people to buy this gun, the a.r.-15, and these mgh-round magazines. >> if i could, i would give ynator feinstein and the president "salesman of the year" awards. s treporter: senator feinstein plans to introduce her bill to ban the sale or manufacture of assault weapons on the first day of the new congress in january. jim, that's expected to trigger unother flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are ta
deal contemplated only days ago. >> in ten days we face a deadline. in ten days, under current law, tax rates are scheduled to rise on most americans. >> even though democrats and republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us-- every single one of us-- agrees that tax rates shouldn't go up for the other 98% of americans. >> reporter: the president met with harry reid at the white house and spoke with house speaker john boehner. mr. obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we m
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
their job, to do what they're supposed to do with the federal law and keep these teens from self-destruction. >> kelly: we thank you for your perspective. that's bishop ron allen. >> thank you, sir. >> kelly: a cop leaping off a peer straight into freezing water to save a woman's life. we'll hear from a man who witnessed the entire thing taking place firsthand. plus, most burglars go after the goods. but this guy prefers baked goods. wait until you hear how he made himself feel right at home. ♪ ♪ i been in the wrong place ♪ ♪ must have been the right time ♪ ♪ i've been in the right place, must have been the wrong song ♪ sentra apart and completely reimagined it with best-in-class combined mpg, and more interior room than corolla and civic? and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ military families face, we understan at usaa, we know military
's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been said, we'll see what the president has to propose. members on both sides of the aisle will revi
has never been in trouble with the law and in fact, wanted to become a police officer. gina did not seem to ak naj noj family or friends packing the courtroom today. some of them wiping tears. the 23-year-old san francisco woman is accused of being drunk behind the wheel, and then, taking off after plowing her car into a group of pedestrians last week. they had been walking along td road by the scenic twin peaks vista point. the 56-year-old visiting from china, was killed when she was knocked down the hillside. her son and two other friends were injured. >> according to her attorney, eunice may have learned rights in school. >> she was a quarter short of graduating from college. studying criminal justice, hoping to become a police officer. >> now, she's in custody on $2 million bail, facing four felonies including vehicular manslaughter, if she's able to post bail the judge ordered thor wear an alcohol monitor to refrain from driving. the district attorney says this case will be handled in his words, very aggressively. >> in this particular defendant was not only causing a trage
, they get shot, just simply doing their jobs. many of the law enforcement officials we spoke to today, they worked with a lot of these men who are being considered heroes. >> every time we cover a shooting and we cover way too many shooting incidents, you hear the same thing. people saying, i never thought it would happen here. but in tiny webster, new york, on christmas eve, that has most definitely got to be the case. so, what are you hearing from the people who live there? >> reporter: the neighborhood this took place in is a very nice, safe, quiet neighborhood. so, very shocking to hear that events like this would unfold. of course, in light of what happened in sandy hook, here we are dealing with a situation of guns and that gun control issue is coming up. hearts very heavy in this community. >> alexis arnold, we really appreciate your reporting tonight. thank you. >> reporter: thank you. >>> and now to the other big story we're following tonight. a series of storms set to barrel across america, possibly producing christmas day tornadoes in the south and then a huge mess in the n
. ackman. >> they also hired shiller, the law firm. not clear why they would hire a law firm at this point. no reason given. they have hired them, which is another, hmm, wonder what they're up to kind of move. bob pisani is on the floor with what's moving today. >> we're up 24 points in the dow. and a lot of people think a grand bargain is impossible at this point. but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the ex
state law permits it. >> not only is it okay but disclosure of the name and home address of every firearms licensee in new york has been a matter of public record for years. >> the journal news published this interactive map a point and click and you can figure out the names and addresses of thousands of people who legally own guns in west chest ever and rockland counties. dominik sputo was stunned when everyone who lived near him know that he is a red dot on the map. >> i may have some neighbors that don't look in favor of gun owners and may feel threatened by having a neighbor with guns in their house. >> reporter: and the backlash from gun owners getting more bitter. on the newspaper facebook page this comment "nice going idiots you made every nongun owner a sitting duck and target for criminals." some tell us they want the information. especially after what happened in newtown. >> maybe we could share, i could shed light on a situation if that person acts a little odd at least we know that that person owns a gun and could let someone else know. >> reporter: the newspaper sayin
," pointing fingers while taking aim at gun control laws. the debate reaches a new intensity after the newtown tragedy. >> as the nra and gun rights advocates explain their renewed positions. it's monday, december 24. >> from abc news, this is "world news now." >> good morning. merry christmas eve. i'm brandi hitt in for paula faris. >> i know you're thrilled to be working overnights this christmas weekend. >> great to be in new york. >> you're an l.a. girl in new york and you love the cold weather here. you've seen all the lights and the trees. so you're enjoying the big apple. >> beautiful. >> good to have you back. i know it's tough working the holiday week. thanks for sticking it out with us. >> you make it easy. >> i try, i try. it's the vodka. shut up, willis. good morning, everybody. happy christmas eve again. the debate over firearms will not subside. that's for sure. as the nation celebrates this holiday season, that is our top story. also this half hour, this story kind of really blew my mind here. no one saw this coming. some post election comments from inside mitt romney's family,
in their own pockets or they become lobbyists. this secreted a law that they should not be able to become lobbyists for a few years sucker they leave congress or senate. they need to just bring america back up. if it would bring more jobs back to america, then we would have more taxes to be collected. host: more in the financial times this morning. capitol hill plays out a cliffhanger is the headline. the right the mood of the members matches the state of negotiations, l tempered, resentful and having their christmas breaks interrupted by another partisan budget impasse and in no frame of mind a compromise. we are talking about the senate negotiating a on the air. caller: thank you for taking my call. i am going to join the democrats, at least most of them, i hope. i am so disgusted and so disheartened. i feel that the republicans are being obstructionists on purpose. that is obvious. anyhow, they need to -- it is not about parties and politics anymore. it comes down to looking out for america. ok? host: why do you think they are being obstructionist? what do they have to gain by doing th
care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to moving the benefits up. >> seems crazy, that the system is broken and could still double by 2014. >> if we're going to warn americans, somebody's got to pay for it. >> how do you think it's going to pay out, who is going to or what? >> i think it won't start right away like everyone hopes it will. there won't be an october 1st, 2013, are a bright new plan available for everybody, and it's not going to be cheaper, but i think it will be a start and it will be fits rand smart. if we want to insure more americans, and in the long run if we control our krosts we can control that over time, bring in back in line. the higher proem dums you talking about, does that measly mean higher percentage for you? >> no necessarily because the people coming in will cost more. >> do you think they
east. >> and the blizzard, very dangerous. when you hear law enforcement put out the warnings that say if you don't have to go on the roads, don't go on the roads. if you don't have to be out, if you don't have to be traveling, stay home and enjoy the holidays. >> good advice right now. >>> that same storm system dumped several feet of snow on california over the weekend, causing avalanches. and now a second person was -- has died. bill foster was buried yesterday about eight minutes after the intentionally started avalanche got out of hand. a snowboarder in another resort also died in a separate avalanche. the area got several feet of snow over the weekend cretuat g cretuating -- creating those dangerous conditions. >>> our more major story this morning, some disturbing details about the christmas eve killings of two firefighters in rochester, new york. they are included in a letter typed by the hiller allegedly on a typewriter and found by police. >> reporter: the trap that killed two firefighters and injured three other first responders was set by this man, convicted felon william
for law enforcement. gregg: and trace is next with the remarble story of a little boy who touched lots of hearts after the connecticut school shooting. >> when i heard about sandy hook, i just felt really bad for all the kids who had died. >> i wasn't surprised that he wanted to do something, i was just surprised that he followed through with it, and it made me really proud. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood suga
the president needs to do. there is nothing he has to sign. as a matter of law the law changes in january and taxes go up. president doesn't have to do anything. he can sit back and as taxes go up on everybody including that 1% that he has been after, nothing has been done on spending. sequestration could be rolled back with retro activity where the president thinks he is better shape on spending in january. patti ann: alan? >> you forget the president offered boehner a deal to keep taxes keep the bush tax rate on 98% of the americans. keep those tax rates where they are. not raise taxes and boehner rejected that. he had opportunity -- excuse me, i'm still talking. he has opportunity now to do exactly what the republicans say they want and boehner rejects it. >> it is beyond revenue. it is about spending. that is our problem. >> you can stop going over cliff first of the year. >> what about spending that got us in bind we're in? none of the revenue that will be generated will make a dent in our spending especially the 6 trillion the president has --. patti ann: brad, democrats are arguing
.c. police are looking into whether meet the press moderator david gregory of violated any laws when he displayed a 30 brown rifle magazine on sunday showed. possession of such a clip is in violation of district of columbia colds. even if it is not attached to a gun. gregory used to the magazine as a prop durinterview with thel rifle association ceo wayne lapierre. >> a crusade against toy guns that began in 1987 is being relaunched following the shooting at sandy hooke elementary. santa monica activist jerry rubin says a personalize marital war will be sent to church and who write to him about why they do not like playing with toy guns. rubin says his anti toy gun project used to reward children who sent in their toy guns with teddy bears and exchange, was their toy guns with teddy bears and exchange, was stopped after he ran out ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] no more paper anything. safeway presents just for u. save more. save easier. saving more, starts now. just for u on the safeway app. saving more, starts now. >> fruit of love
legislature passed a law requiring all homeowners to submit an application. we had a five-year grace period. that's over. so now you have to fill out that form. >>> time now for a check of what's going on outside. mike, it has begun. >> it has begun, a lot of heavy sleet along 95 right now, along 40 you're dealing with that, really from the city on points to the south. it is raining out over the eastern shore and it is now coming down as some snow out toward the west, right along 70 going out towards fredrick, some pretty heavy snow coming down. not expecting an accumulation for the city, along 95. but outside of town two to three inches and it will really stack up out towards western maryland. could be as much as five to a foot of snow as we go into tomorrow. storm wraps up going into thursday. friday looks good and could be another storm saturday into sunday. let's get a check on traffic. lauren cook in the traffic center. hello, lauren. >>reporter: hi, mike. definitely take it slow. we do have a crash in ellicott city on little pawtuxent parkway. an accident has cleared from the noarnl
for the issues that are bought once the law gets changed? >> nobody knows for sure. that brings up a very important point, which is historically, the treasury department has never imposed taxes on anything retroactively. so this would be a very bad precedent if they decide to apply this to existing bonds that are currently outstanding. what they ought to do is apply this, if they're going to do it, on a foregoing basis, the bonds issued after january 1st, 2013, for example. >> we're showing the picture of the mub, the etf that tracks the municipal bond market. we've seen it decline since the beginning of roughly december. i think a lot of people are concerned about this. but your point is, that perhaps if you buy this year, the treasury would not put taxes on those holdings, correct? which could be a good time to buy muni bonds. >> you're playing a gamble on whether or not the treasury is going to protect you for this year or not. personally, i'm a little bit more worried about the fact that the taxes could apply retroactively. just because of the nature of the way this would work. what's
him to invoke federal law in order to invoke a cooling off period. i don't know what the likelihood of that is. i don't know what the president might do. do you think he would -- >> wow. that's a lot of red. >> you step out. you like to step out. you like to make statements, right? >> it's the holidays. >> i'm aware of that. >> you're wearing a red tie today. >> a shirt and a tie. that's usually what i go with, some type of shirt, some type of tie. no bells and whistles. this is your thing. whether you have bracelets -- one of those things is measuring your heart right right now. how is it? >> it's measuring my -- >> your calorie intake? >> my pressure goes up when i'm with you. well, no, this is the jaw bone. >> is it a measure of calories? >> calories, walking, sleeping, rem sleep, how much i shept last night. >> and calories. >> calories. >> if you wore it on your left wrist, would there be less calories, do you know? >> i will test that for you. >> test it out. gasoline prices. you know what i want to ask you? do you employ lobbyists at all? >> no. >> not at all? >> no. >> but w
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